Global Robotics Surgical Simulation Systems Market - Focus on Product Type, and End User

Global Economic Burden due to Surgical Errors to Surpass $150 Billion by 2029
There is an enormous rise in the prevalence of surgical errors. Surgical error is one of the major
concerns for most of the developed nations in the west such as the U.S., Canada, the U.K, Germany,
among others. Medical errors on a whole are the third leading cause of death in the U.S after heart
diseases and cancer. In 2018, 8.61 million cases of medical errors were recorded in the U.S., out of
which 3,412 cases resulted in death.

The global incidence of surgical errors in 2018 was
acknowledged to be 7.9 million (32.19% of medical error incidences). In 2018, 34% of the U.S.
medical malpractice payouts were attributed to surgical errors. Similarly, 117,000 cases of surgical
errors were recorded in Germany and China witnessed 2.26 million cases of surgical errors in 2018.
Owing to these factors, healthcare burden on the economy increases tremendously.

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Competitive Insights: Strategies Incorporated to Sustain the Competition

The strategies followed by the leading players such as Intuitive Surgical Inc., 3D Systems, Inc., CAE,
Inc., Mentice AB and Mimic Technologies to sustain the competition and expand their market share
have been varying from mergers and acquisitions to business expansions. The market witnessed
approximately one acquisition, 16 agreements, collaborations, and partnerships, one ISO certification,
seven business expansions, and 32 product launches and enhancements in the past four years
(2015-2019). The key contributors in the market have been entering into frequent collaborations and
agreements with the other stakeholders to gain a major foothold in the market.

Robotic Surgery Simulation Platforms Expected to Register the Highest Growth Rate

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Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
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Global Robotics Surgical Simulation Market:
Historical data and analysis for the key drivers of this industry
A five-year forecast of the market and noted trends
Detailed research and segmentation for the main products and markets
An assessment of the competitive landscape and market shares for major companies
And of course, much more

Company Profiles
3D Systems *
Company Overview
Product Portfolio
Key Highlights
Financial Performance
CAE Inc.
Intuitive Surgical, Inc.
Mentice AB
Mimic Technologies, Inc.
Simulated Surgical Systems, LLC
Touch of Life Technologies (ToLTech)
VirtaMed AG
Voxel- Man
VRmagic

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